EBITDA surged 108% year on year to Rs 301 crore from Rs 145 crore. The EBITDA margin expanded to 11.9% from 7.1%, an improvement of 480 basis points. Gross profit increased 29% to Rs 1,134 crore from Rs 878 crore, while the gross margin improved to 44.7% from 42.8%.

Profit before tax rose 176% year on year to Rs 184 crore from Rs 67 crore.

COGS (Cost of Goods Sold) rose 19% to Rs 1,401 crore from Rs 1,173 crore, while employee expenses increased 11% to Rs 205 crore from Rs 185 crore. Other expenses climbed 19% to Rs 669 crore from Rs 563 crore.

The company’s sell-in volumes grew 16% year on year, while premium volumes increased 38%. Heineken Silver volumes rose 67% and Kingfisher Ultra grew 44%, reflecting stronger demand for premium offerings.

United Breweries said it continued to gain market share in profitable markets, led by Karnataka. It also commissioned two new can lines at its Nizam and Ellora breweries to support demand.

Managing director and CEO Vivek Gupta said the company’s performance reflected accelerating beer category growth, premiumisation and disciplined execution. The company plans to increase commercial investments in the coming quarter to support further growth.

The firm expects long-term growth in the Indian beer market, supported by favourable demographics, rising consumer preference for beer and premiumisation. The company plans to strengthen its portfolio through innovation, expand product availability, improve productivity and reduce costs. It will also focus on disciplined capital allocation and profitable growth to create long-term shareholder value.

United Breweries is headquartered in Bengaluru and is part of the HEINEKEN group. It manufactures and markets beer, packaged drinking water, soda and non-alcoholic beverages, including the Kingfisher and Heineken brands.